TotalEnergies has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to the...
Specifically in the EU, Clarity AI finds only 20% of Article 8 funds with the term sustainable, or a derivative thereof, currently plan to make sustainable investments of over 50%...
Two agreements signed today in Rome highlight EIB-IFAD cooperation in low- and middle-income African countries, in line with the EU’s Global Gateway strategy. The European Investment Bank (EIB) and the...
Almost a third (32.4%) of Britain’s electricity was supplied from wind power during the first quarter of 2023, outpacing gas which delivered 31.7%. It is the first-time wind has provided...
CGEM has launched a digital educational guide on decarbonisation for Moroccan companies with the support of the European Investment Bank (EIB), via its new EIB Global development arm, and the...
On Thursday, MEPs backed draft legislation to improve product labelling and durability and to put a stop to misleading claims. With 544 votes to 18 and 17 abstentions, plenary approved...
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter is pleased to announce the signing of a Memorandum of Agreement by Savannah Energy...
The European Commission has approved a €837 million Spanish scheme to support the production of batteries for the industrial chain of electric and connected vehicles to foster the transition to...
South Korea’s Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next 10 years to beef up...
The United Arab Emirates’ COP28 president designate Sultan al-Jaber said on Wednesday the oil and gas industry should phase out its methane emissions by 2030 and that investment in technology...
Landmark transaction will conserve one of the planet’s most valuable ecosystems Climate Fund Managers (CFM), the leading climate-centric investment firm, announced the financial close of a new debt-for-climate conversion via...
China will implement an upgraded version of emission standards for vehicles nationwide from July 1, the country’s environment ministry said on Tuesday, pressuring automakers to clear inventories of their old...
Australia will invest A$2 billion ($1.4 billion) to scale up development of its renewable hydrogen industry, the government announced in its annual budget on Tuesday, as it looks to accelerate...
Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car batteries and components to...
U.S. Secretary of Agriculture Tom Vilsack, co-host for the Agriculture Innovation Mission for Climate (AIM for Climate) Summit, announced during the Summit’s opening plenary that AIM for Climate partners from...
By 2050, there will be no more coal power According to the report of the Ministry of Industry and Trade, the Power Master Plan VIII aims to fully supply the...
Indonesia plans to launch a carbon exchange in the second half of this year, its financial regulator said on Friday, as part of efforts to boost renewable energy use and...
The funds will be used to build more than 2,000 charging points in Italy, Spain, France, Austria, Germany, Portugal, Slovenia, and Greece CDP acted as an executive partner of the...
Brazil can become a global clean energy power and save the Amazon Brazil is in a strong position to give its people a better life while also successfully confronting the...
The Board of Directors of the European Investment Bank (EIB) approved EUR 6.6 billion of new financing to support new sustainable transport, clean energy, corporate innovation and education investment across...
The European Investment Fund (EIF) and BBVA are set to make it easier for startups with innovative and sustainable value propositions to get access to financing. The two institutions have...
The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2022-23. The theme of the Report is “Towards a Greener Cleaner India”. The Report...
The Republic of Korea’s Ministry of Economy and Finance has pledged $3 million to expand the ADB Ventures Seed program which provides catalytic funding to early-stage companies with tech-enabled solutions...
The World Bank’s Board of Executive Directors approved a US$345 million loan that supports China’s global public goods agenda by promoting the greening of agriculture and rural development in Hubei...
CITIZENS, INSTITUTIONS AND BUSINESSES WILL JOIN TO SHARE ENERGY PRODUCED BY A NEW PHOTOVOLTAIC PLANT ADJACENT TO THE FIORANO CIRCUIT. Ferrari has signed an agreement with Enel X to create...
The Asian Development Bank (ADB) announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region...
The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe’s investment strategy for partner countries. This will boost investment in Global Gateway’s priority...
Atlas repeats partnership with Albras, the largest aluminum producer in Brazil, with unprecedented 21-year US dollar power purchase agreement Atlas Renewable Energy, a global leader in renewable energy, just signed a...
EU Parliament’s Environment and Industry Committees adopted their position on reducing methane emissions in the energy sector to reach EU climate goals and improve air quality. The new legislation, adopted...
Study emphasizes the need for adaptation effort and mitigation of unintended consequences as critical factors in achieving the European Green Deal goals As the world continues to grapple with climate...
On Tuesday, the EU Parliament and Council negotiators agreed to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. A provisional deal, reached...
ElevenEs, the pioneer in LFP cathode battery technology, announces the opening of the first industrial facility dedicated to LFP battery cell production in Europe. ElevenEs, backed by EIT InnoEnergy, is...
EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe’s carbon market, which is set to make it more costly to pollute and sharpen...
New sustainable fund launches fell sharply in the first three months of 2023, led by a drop in Europe amid regulatory uncertainty and greenwashing concerns, Morningstar said. The estimated 113...
Leaders from European countries surrounding the North Sea are set to pledge to expand renewable generation in the region to strengthen energy security, at a summit in Ostend, Belgium, on...
London Marathon Events (LME) has teamed up with the Council for Responsible Sport to measure the social and environmental impact of the 2023 TCS London Marathon. In 2023, LME will...
The European Commission has approved, under EU State aid rules, a €401 million Czech scheme to promote green district heating based on renewable energy and waste heat. The measure will...
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft...
The Bezos Earth Fund has committed $3 billion by 2030 to drive a three-fold nature agenda to conserve what we still have, restore what’s been lost, and transform our food...
To fight climate change and biodiversity loss, the new law obliges companies to ensure products sold in the EU have not led to deforestation and forest degradation. While no country...
Australia said on Wednesday it would introduce new standards targeting vehicle emissions to boost the uptake of electric cars, as it looks to catch up with other developed economies. Just...
The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of increase needed to keep up with the rollout of battery EVs in...
Two new recently approved World Bank financed projects will help scale-up support to climate responsive public and private investments to promote job creation and business opportunities for women and help...
Iberdrola reinforces its innovative and renewable leadership in Spain and will build Spain’s first hybrid wind and solar plant in Castilla y León, in the province of Burgos. The company continues with...
Following the intention expressed during the presentation of the Group’s Full Year 2022 results on February 17, 2023, Air France-KLM, Air France and KLM have signed two ESG KPI-Linked Revolving...
Iberdrola’s investments in renewables have increased the group’s energy production and installed capacity in the first quarter of the year. The data sent to the CNMV shows an increase of 11...
The Hong Kong stock exchange plans to make it mandatory for companies listed there to make climate-related disclosures, as the city strives to stay competitive as a green and sustainable...
Global talent solutions and business consulting firm Robert Half (NYSE: RHI) has released its 2022 Leading With Integrity: Environmental, Social and Governance (ESG) Report, which provides an in-depth look at the company’s...
The transmission system operator Amprion is accelerating grid expansion and continues to grow. In the completed financial year, investments reached a new record level of around 1.5 billion euros. The...
Bonollo, known for making Italy’s traditional spirit grappa, and gas distributor Italgas opened the first biomethane plant in an Italian distillery on Wednesday, in a move that could spur the country’s...
The European Commission has approved, under EU State aid rules, a €158 million Polish measure to support LOTOS Green H2 sp. z o.o, a special purpose vehicle ultimately owned by...
The European Union made public four ambitious proposals for the next Indian Ocean Tuna Commission (IOTC) session taking place from 8 to 12 May 2023. The objective is to improve...
The World Bank and the Government of Romania, through the Ministry of Finance, signed a EUR 60 million loan, following its approval by the Bank’s Board of Directors on March...
The OPEC Fund for International Development is providing a US$100 million sovereign policy-based loan to Paraguay to strengthen the country’s sustainable economic development and increase its resilience to climate change....
Vice-President of the European Investment Bank (EIB) Teresa Czerwińska remarked, “This project will help to meet EU objectives and Uzbekistan’s national objectives related to energy generation. It is in line with EIB priorities on renewable...
The biggest solar park in Serbia’s push into renewable power was completed in late March and began operations on Wednesday, owner and operator DeLasol said in a statement. Serbia, which...
With this transaction, the company continues to be the main private generator of renewable energy in Mexico, aligning with its decarbonization commitments Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have...
The OPEC Fund for International Development (the OPEC Fund) has signed two separate US$20 million loan agreements with ACWA Power to support the construction and operation of the 500 MW...
The Institute will bring together research insights and industry experts to help clients and communities apply climate solutions Royal Bank of Canada (RBC) is expanding its Economics and Thought Leadership group to...
Japan is to revise its hydrogen strategy by the end of May with an ambitious target to boost annual supply to 12 million tonnes by 2040, the industry ministry said...
The European Investment Bank (EIB) has granted €150 million in sustainability-linked financing to Iren, north-western Italy’s multiutility leader and one of the country’s largest water service operators. The goal of the...
Agencia EFE and the World Bank have agreed to a partnership to boost coverage of climate change, inclusion and education in Latin America and the Caribbean. The agreement aims to...
The European Commission has approved a €450 million Italian scheme to support the production of renewable hydrogen with the aim to foster the transition to a net-zero economy, in line...
India will issue tenders for the installation of 250 gigawatts (GW) of green energy capacity by March 2028, according to a government memo released on Monday, as it looks to...
Co-led under EIT InnoEnergy, the European Solar PV Industry Alliance has attracted over 110 new members across 17 countries to launch an industrial action plan. EIT InnoEnergy, the innovation engine...
The European Commission is launching the third call for small-scale projects under the Innovation Fund, one of the world’s largest funding programmes for the deployment of innovative low-carbon technologies. Financed by revenues from...
“Despite how difficult in 2022, the past is behind us. We should focus on 2023 and the future. Despite how much hardship entrepreneurs have endured, we never dwell on the...
The text agreed on Thursday with the Swedish Presidency aims to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. MEPs and the Swedish...
The Department of Energy of the Philippines signed three Offshore Wind Service Contracts with Copenhagen Infrastructure New Markets Fund, the first 100 percent foreign-owned company to invest in offshore wind...
RMI’s Energy Transition Academy (ETA) with support from the Caribbean Electricity Utility Services Cooperation (CARILEC), Bermuda Electric Light Company (BELCO), and the Government of Bermuda are hosting energy professionals from a...
Toivo Group Plc and the European Investment Bank (EIB) have signed a €60 million green loan to finance 19 development projects for high energy performance residential buildings. The agreement will support...
GE announces that it has been selected by Ecogreen Energy to deliver its FLEXINVERTER Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar power plant to be...
The EU Commission welcomes the political agreement reached between the European Parliament and the Council to boost the number of publicly accessible electric recharging and hydrogen refuelling stations in particular...
MEPs and the Swedish Presidency of the EU Council agreed on mandatory national targets for the deployment of infrastructure for alternative fuels for cars and trucks. A provisional agreement was...
The European Commission has issued €6 billion of NextGenerationEU green bonds in its fourth syndicated transaction for 2023. The single tranche transaction was executed via a tap of the green...
The World Bank’s Board approved a new US$100 million equivalent loan for the Armenia Green, Resilient and Inclusive Development Policy Operation (DPO). The operation supports the 2021-26 Program of the Government of...
More than €1.1 billion in finance to be mobilized in sustainable projects, supported by €150 million in InvestEU guarantees The InvestEU Investment Committee has approved guarantees worth up to around €150 million...
The World Bank approved $82 million to support the Climate-Resilient and Inclusive Livelihoods Project (ProClimat Congo) in the Republic of Congo. The total amount includes a $70 million loan from...
The European Investment Bank (EIB) has agreed to lend €450 million to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance renewable energy connections and the reinforcement and upgrading of the...
EIB Global, the arm of the European Investment Bank (EIB) for activities outside the European Union, has signed a €70 million EU investment grant with the government of the Republic of North...
The World Bank Group Board of Executive Directors yesterday approved a new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. The...
EU Parliament and Council reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050, to help the...
The European Central Bank (ECB) has published its first climate-related financial disclosures, which provide information on its portfolios’ carbon footprint and exposure to climate risks, as well as on climate-related...
Japan’s third-biggest oil refiner, Cosmo Energy Holdings Co Ltd, will make an investment of $3.2 billion in the next three years, with 30% to be allocated in green power and...
Yesterday’s final investment decision clears the way for the start of construction of EnBW’s largest offshore wind farm to date, with an installed capacity of 960 megawatts (MW). “The final...
Carbon markets hold steady amid energy cost surges, finds the International Carbon Action Partnership (ICAP)’s Emissions Trading Worldwide Status Report for 2023. The world’s emissions trading systems (ETSs) were largely...
The EU Commission is proposing common criteria against greenwashing and misleading environmental claims. Under the proposal, consumers will have more clarity, stronger reassurance that when something is sold as green, it actually is green, and...
From tomorrow, at the United Nations Water Conference in New York from 22 to 24 March, the EU will be confirming its strong engagement for global water security by announcing 33 commitments...
South Korea revised down its 2030 targets for reducing greenhouse gas emissions in the industrial sector on Tuesday but maintained its national goal of cutting emissions by 40% of 2018...
This month, Sweden took over the rotating presidency of the Council of the EU with a pledge to focus on security, competitiveness, green and energy transitions, democratic values and the...
British Columbia’s decision this week to toughen emissions standards for new liquefied natural gas (LNG) projects creates one of the most robust climate plans in North America, but sets a...